Principal LifeTime 2050 Fund
Shareclass
Principal LifeTime 2050 Institutional (PPLIX)
Type
Open-end mutual fund
Manager
Deforestation grade: Fund is invested in deforestation-risk agricultural commodity producer/traders, below the threshold of 0.5%. Assigned a grade of C.
How we track deforestation-risk investments
How we track deforestation-risk investments
C
10.45%
INVESTED IN DEFORESTATION-RISK COMPANIES
AGRIBUSINESS
deforestation-risk producers and traders of palm oil, paper/pulp, rubber, timber, cattle, and soy
BANKS AND LENDERS
that finance deforestation-risk agribusiness producers via lending and underwriting
MAJOR CONSUMER BRANDS
that use deforestation-risk agribusiness commodities in products
140
holdings flagged
10%
of assets flagged
This fund contains
$298.9 MILLION invested
in holdings flagged for deforestation riskTake action
Commodity producers
20 holdings
0.48% of assets
$13.81 MILLION invested
Banks and lenders
30 holdings
2.5% of assets
$71.62 MILLION invested
Major consumer brands
102 holdings
7.8% of assets
$223.11 MILLION invested
Commodity producers
20 HOLDINGS
Companies that produce and trade palm oil, paper/pulp, rubber, timber, cattle, and soy, and have a past record or a significant risk of contributing to deforestation, land grabbing, and human rights abuses. Investing in any of these companies assigns a fund a grade of C if total producer exposure is below the threshold of 0.5%; a grade of D if below 1.5%; and a grade of F if above 1.5%.
20 HOLDINGS
- % of portfolio$ invested
- 1. Hormel Foods Corp
0.17%0.17% of portfolio$4.88M$4.88M invested - 2. ITOCHU Corp
0.12%0.12% of portfolio$3.52M$3.52M invested - 3. Associated British Foods PLC0.07%0.07% of portfolio$2M$2M invested
- 4. Tyson Foods Inc Class A0.05%0.05% of portfolio$1.3M$1.3M invested
- 5. Sumitomo Forestry Co Ltd0.01%0.01% of portfolio$427,076$427,076 invested
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Banks and lenders
30 HOLDINGS
Financial institutions directly and indirectly involved in underwriting and lending to deforestation-risk producers and traders. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
30 HOLDINGS
View next 5
Major consumer brands
102 HOLDINGS
Consumer goods retailers that source palm oil, paper/pulp, rubber, timber, cattle, and soy from deforestation-risk producers and traders and sell it to consumers worldwide. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
102 HOLDINGS
- % of portfolio$ invested
- 1. Amazon.com Inc
1.63%1.63% of portfolio$46.75M$46.75M invested - 2. Costco Wholesale Corp0.53%0.53% of portfolio$15.03M$15.03M invested
- 3. LVMH Moet Hennessy Louis Vuitton SE0.32%0.32% of portfolio$9.22M$9.22M invested
- 4. Unilever PLC0.31%0.31% of portfolio$8.9M$8.9M invested
- 5. Nestle SA0.28%0.28% of portfolio$7.95M$7.95M invested
View next 5
View more info
DATA AS OF 30 Jun 2023
Sustainability report card
As You Sow’s Invest Your Values report card grades mutual funds on environmental and social issues, including climate change, gender equality, and weapon investments. Click through to get more details on each issue.
Principal LifeTime 2050 Fund PPLIX
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Financial performance
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Find more financial data on PPLIX at Morningstar.com
Find more financial data on PPLIX at Morningstar.comTake Action
Call on U.S. investment firms to implement Deforestation and Land Grab-Free investment policies.
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